Thursday 28 April 2016
 
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RAK Hospitality Asset Management Q1 RevPAR up 16.4pc

RAK Hospitality Asset Management has announced that its hotels under management posted a record growth of 16.4 per cent in revenue per available room (RevPAR) in Q1 2016. Rashad Saab, head of asset management at RAK Hospitality As

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BAMA to promote Bahrain as hub for special purpose vehicles

The Bahrain Asset Managers Association (BAMA) is set to host a high-level panel discussion on March 29 on 'Special Purpose Vehicles (SPV) and Corporate Entities Component in Investment Banking and Asset Management.'  

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GIB UK wins Bahrain 'asset manager of the year' award

Gulf International Bank (GIB) UK has won the 'Bahrain Asset Manager of the Year' and 'Regional Equities Manager of the Year' honour as part of the Global Investor/ISF Mena Awards 2015.   Peter Car

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Yahoo exploring sale of up to $3bn in ‘non-core assets’

Yahoo is exploring the sale of $1 billion to $3 billion in patents, property and other "non-core assets," its chief financial officer said.   Its chief financial officer Ken Goldman told the crowd at th

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Dewa gets certificate for asset management

Dubai Electricity and Water Authority (Dewa) has received the ISO 55001: 2014 Certificate for Asset Management after passing an external audit conducted by an international organisation.    As a result, Dewa

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Wasl Asset Management Wins CSR label award

Wasl Asset Management Group has won the corporate social responsibility (CSR) label award from Dubai Chamber of Commerce and Industry (DCCI).   The company was honoured with the award in recognition of its except

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Saudi’s Apicorp to acquire shipping asset soon

Saudi Arabia-based Arab Petroleum Investments Corp (Apicorp) plans to acquire a shipping asset and could close that deal either year-end or in the first quarter of 2016, its chairman told Reuters on Thursday.   &

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Asset allocation to be probed at major Bahrain forum

The World Islamic Banking Conference (WIBC) 2015, hosted by Bahrain next month, will gather seasoned economists, asset managers and investment bankers providing a holistic view of asset allocation opportunities for next year, the organiser of

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Mondelez seeks European cheese and grocery asset sale

Mondelez International is exploring a sale of its European cheese and grocery business, which could be valued at around $3 billion, according to people familiar with the matter, as it sharpens its focus on snack foods and refreshments.

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Nikko Asset Management offers fund for ME investors

Nikko Asset Management, a leading asset manager, has launched a Luxemburg-domiciled Asia ex-Japan Equity UCITS fund that will allow Middle Eastern investors to tap into investment opportunities in Asian markets.   

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